The report, "Acetic Acid Market & Its Derivatives (Vinyl Acetate Monomer (VAM), Purified Terephthalic Acid (PTA), Acetic Anhydride, & Ester Solvents- Ethyl Acetate & Butyl Acetate) Market By Applications & Geography - Trends & Forecasts to 2018", defines and segments the global Acetic Acid & its derivatives market with analysis and forecasting of the global volume and value.
Early buyers will receive 10% customization on this report @ http://www.marketsandmarkets.com/requestCustomization.asp?id=187403448
Asia-Pacific - The Biggest Market of Acetic Acid
The Asia-Pacific region is the most promising chemical market and is expected to be the same in the near future.Asia-Pacific is the world's largest Acetic Acid Market, which consumed more than half of the total global demand in 2012, and also for most of its applications that include vinyl acetate monomer, purified terephthalic acid, acetic anhydride, and ester solvents - ethyl acetate & butyl acetate. The demand for Acetic Acid in the region is anticipated to grow at a CAGR of about 5.01% from 2013 to 2018. It is estimated that China and Taiwan are the biggest consumers of Acetic Acid in the region, followed by Japan in 2012. India is expected to be the fastest growing market of Acetic Acid. The continuous rise in the production of end products for use within the region and for exports derives a huge demand for chemicals. A few of the reasons for the high growth in this region are growing population, vast economies - developed as well as developing, and favorable investment policies and government initiatives to promote the industrial growth.
Vinyl Acetate Monomer (VAM) - The Biggest and Ester Solvents (Ethyl Acetate & Butyl Acetate) - The Fastest Growing Acetic Acid Derivative Markets
Acetic Acid is the main feedstock to manufacture vinyl acetate monomer, which was at the forefront in terms of volumetric consumption in 2012. It is mainly driven by the growing demand of polyvinyl acetates and vinyl alcohols, which in turn are accelerating the demand for Acetic Acid. The demand from the PTA manufacturing segment is estimated to grow at a very high pace, next only to ester solvents, which is the strongest growth segment of Acetic Acid. The growing textile and packaging industry is the key driver behind strong growth of PTA; while budding coatings consumption is pushing the demand of ester solvents at a notable pace.
Browse related reports
Syngas Market & Derivatives (Methanol, Ammonia, Hydrogen, Oxo Chemicals, N-Butanol, DME) Market, by End Use Application, Feedstock, Technology, and Gasifier Type - Global Trends & Forecast to 2018
N-Butanol Market by Applications (Butyl Acrylate, Butyl Acetate, Glycol Ethers, and Others) & Geography - Global Trends & Forecasts to 2018
MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world.
MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers thirteen industry verticals; including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, telecommunications and IT, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, aerospace & defense.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog @ http://www.marketsandmarketsblog.com/market-reports/chemical
Connect with us on LinkedIn @ http://www.linkedin.com/company/marketsandmarkets